How Real Estate Can Make You Rich - Real Estate Investing 101 | Real Estate investing For Beginners

Free eBook Wholesale Real Estate: http://www.minoritymindset.biz/wholesalerealestate Subscribe For New Videos http://www.TheMinorityMindset.com SC/Periscope @M2JaspreetSingh | Instagram @MinorityMindset Instagram: http://www.Instagram.com/MinorityMindset Facebook: http://www.Facebook.com/MinorityMindset I'm Jaspreet Singh & I created Minority Mindset to motivate, teach, and inspire others to do what they want. While going to school and starting my businesses, I realized school is really good at teaching you to be an employee, but it doesn’t teach you to create value & it doesn’t teach you anything about financial literacy. That’s why we’re here. And, no, we are not trying to sell you one of those “bootcamps” or “masterclasses” on how to get rich. A community of hustlers and entrepreneurs; we are on a mission to motivate, teach, and inspire entrepreneurs and hustlers to be the best they can be, because average sucks. Only a minority of people will risk it all to make their dreams a reality - will you? #ThinkMinority Entrepreneurs | Hustlers | Innovators | Investors How Real Estate Can Make You Rich - Real Estate investing 101 | Real Estate investing For Beginners | Minority Mindset - Jaspreet Singh What’s up everybody my name is Jaspreet Singh & welcome to the Minority Mindset. You’ve heard me say that Real Estate is my favorite place to invest. But what is real Estate Investing & how can you get started investing in real estate Investing means creating passive income, meaning you do something once and you continue to get paid for it again and again. That’s why I don’t consider buying and flipping real estate investing, because once you stop working you stop getting paid. A real estate investment is when you buy property like a home, and then you rent it out. You put in the money and work upfront to get the property ready to rent, then you rent it to a tenant and hire a manager who will do the work for you while you collect rent every month. Why do I think Real Estate is the best investment? Because real estate will always be in demand. We will always need a roof over our heads, businesses will always need office space, and stores will always need retail space. Be the provider and provide the real estate that consumers need, and get paid to do so. The second reason why I like Real Estate so much is because I can control my investment. When I invest in the stock market and buy shares of McDonalds, I have no control over how McDonalds will be run their business. But with Real Estate, I can control how I and my managers market, manage, and run my real estate properties. If you are buying real estate solely for investment purposes so you have more money coming in every month. Then You should NOT buy real estate with debt, that means you purchase properties with cash. This goes against what most real estate gurus will tell you. But my goal with buying real estate is to buy multiple streams of cash flow that pay me every month It might not seem like its possible because we live in a society that runs on debt, but it is definitely possible. When I graduated college I owned 3 homes with 0 dollars of debt on them so don’t tell me it is not possible. Is it harder? Yes. But guess what, now that you own the home free and clear meaning without debt, you’re building real wealth because now you own something that the banks cannot take away from you if you miss a loan payment. It is yours and it can pay you every single month if you manage it properly. So when should you use debt to buy real estate? When you are ready to take the added risk and want more than just some additional income. Or you could take on an equity partner, meaning bring in an investor to help you buy real estate. Let’s say you want to get into bigger commercial properties but don’t have the money to do so. Start networking with wealthy people who don’t have the time to invest. You can find these people in your personal network or through real estate investor meetings in your area. Become friends with them and propose an investment deal to them when you find a good one. See where their recourses lack and where you have an abundance. Preferably they have money and no time, and you have time and knowledge but no money. You could use their money to purchase a property, you would make sure it runs smoothly and makes money, and you can ask for a 15% ownership in the property. This is a strategy I used to purchase commercial properties. Now, keep one thing in mind. These people have made a lot of money, so they don’t want to lose it. You really have to be able to show the value you have and the value behind your deal. It won’t happen over night, you need to build a relationship with these people http://www.TheMinorityMindset.com This Video: https://youtu.be/kSvF_xQ-fvs Channel: https://www.youtube.com/c/MinorityMindset Based in Detroit. #Punjab Jaspreet Singh

Comments

1. Thanks for watching! :) I documented my WORST real estate deal ever so you can learn from my (very expensive) mistakes - watch it here: https://www.youtube.com/watch?v=4-hnVtPCLms&t=33s
2. 👍🏽
3. Where do I find people that want to do the work for me and they would take a 15% cut like you say?
4. how did you make enough money during college to buy 3 properties? I am in currently in college and would like to be able to achieve the same thing. Thanks!
5. Buyers market sellers market or a renter's market
6. Dude 😶 your a blessing. Thank you!!
7. awesome video guy...
8. muccha jma ciraaaa virye😊😊👌👌 so happy vir ene sohni english ciraaa la ta
9. Three tips I have for starting in real estate: 1) Don't start flipping right away, buy a townhouse and rent it out. Flipping is for more experienced investors. Renting it out is easier and is a good segue into flipping. 2) Buy a townhouse that you wouldn't mind living in. If you wouldn't, chances are it will be difficult to rent it out and get the amount of rent necessary to make it worth your while. 3) Make sure you find the right handyman. Things break from time to time and it can become a bigger issue if it isn't addressed quickly. I, like most people don't have the time or inclination for fixing things. Just my opinion from my experience investing in real estate.
10. It's free real estate
11. ssk bhaji; i am new in brampton, canada i drive truck ; i want buy a house very good income 10 tousand a month but i get no loan approve what i do bhaji??
12. do you have a email? I would like to invest in real estate with low capital
13. What did you do so that you could afford real estate in college? I'm in my second year of college and I have nowhere near the amount of money required to buy a property with cash.
14. I think buying rented real estate with debt is better because of the bigger return you can achieve :)
15. You are the best bruh!
16. "Now you own something the banks can't take away from you if you miss a loan payment"
    Too bad it can still be taken from you if you don't pay the government every year for the privilege to "own" it through taxes..
17. u speak too much
18. Hi @Minority Mindset
    Its great that you are doing all of these videos. But could you do a video on how to actually execute these businesses without having a deep knowledge on it.
    How was Elon Musk able to execute these businesses although when he didnt know much about astronomy, energy etc.
    I mean why would somebody who is good at making space equipments/shuttles listen to you and work under you, not starting up his own company.
19. Im not here for the advice. Just happen to watch this channel by accident. But i also had swollen polyps like you until i got rid of my beard and mustache. It made my me more sensitive to allergy ;)
    
    I`t might might work for you also. And yes i think everyone can hear that your nose is not getting much air... lol. Sorry if i`m being rude. But i just want to share my own experience and how it helped me :)
20. love your channel. subscribed!